Litecoin Price Analysis: Bullish Divergence Spotted on LTC/BTC

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Bullish divergence has become visible on the 4 hour chart as Litecoin consolidates within a tight range. This is the result of the previous breakout mentioned in a recent analysis. Litecoin 4 Hour Chart Analysis On the 4 hour LTC/BTC chart, we can see a bullish divergence evident by the three higher highs on Maxx Momentum. This is creating a clear uptrend in conjunction with the three lower lows within the descending wedge. Since then, price levels have broken to the upside and are now consolidating within a tight range whilst touching POC. Consolidation within such a tight range after a bullish breakout and clear bullish divergence is a sure sign of a big move to come. Volume has been descending since late June, and a large volume spike could very well break that descending pattern and propel price levels up out of the tight consolidation range between 0.0090 and…

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